DDMA Headline Animator

Sunday, January 17, 2010

Somalia: Somali Central Bank reopens after 18 years

Transitional Federal Government in Somalia has today reopened Somali Central Bank which became collapsed after Somali civil war erupted the beginning of 1991 A ministerial committee that paid a visit to Aden International Airport in Mogadishu stated that Somali transitional Federal Government made the inauguration and implementation of the reopen of Somali Central Bank possible

Speaking to the reporters at Mogadishu International Airport, Deputy prime minister of TFG in Somalia, Pro. Abdirahman Haji Aden ( Ibbi ) disclosed that Somali government – after a long struggle had been made- reinstated and Somali Central Bank back in business telling that Government economy was used to be passed through Somali remittance companies ; how ever, from today the Government has a governmental Bank which will help international donors to send through their pledged economy

"The economy offered to TFG used to be transited through different countries like Djibouti and Kenya but as everyone sees we have a central bank which donors can use to assist Transitional Federal Government in Somalia," said Deputy prime minister of TFG in Somalia, Pro. Abdirahman Haji Aden.

Somali Central Bank which didn't come in use for nearly twenty years was part of many Somali government institutions which collapsed in the Somali civil war that started in 199.

Source: Mareeg.
Link: http://www.mareeg.com/fidsan.php?sid=14925&tirsan=3.

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